News/City Updates

Andhra Pradesh government to replace over 3500 old RTC buses

The Andhra Pradesh government has decided to do away with about 3500 old Andhra Pradesh State Road Transport Corporation (APSRTC) buses, availing a term loan of Rs. 1,000 crore to purchase new buses. The announcement was made by Information and Public Relations (I&PR) Minister Perni Venkataramaiah. The Andhra Pradesh cabinet meeting, on Wednesday, with CM YS Jagan Mohan Reddy presiding over it, witnessed the review and approval of major welfare schemes in the State.

As of now, the APSRTC operates over 3500 buses, which have covered more than 10 lakh km on road. The Corporation presently holds 11,920 buses in its cavalry. A term loan of Rs. 1,000 crore will be taken to purchase new buses.

Reportedly, the government also plans to purchase 1,000 electric buses in a phased manner and 300 electric buses as part of Central Government’s (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) (FAME)-2 scheme in a bid to curb the rising pollution levels in the state.

Apart from this proposal, the Andhra Pradesh cabinet took many other decisions during the meeting. The meeting focussed on the steps that need to be taken to fulfil the election promises and also to boost the State exchequer.

Apart from the decision to replace the old APSRTC buses, a few other decisions made in the cabinet meeting include: The mid-day meal workers’ honorarium has been hiked from Rs. 1,000 to Rs. 3,000, benefitting 88,296 workers. Departmental secretaries of the State can now sue media houses for any baseless reports against the government. Fishermen of the State will be provided with Rs. 10,000 as financial compensation for the ban on fishing in the sea, which lasted from 15 April 2019 to 14 June 2019. The borrowing limit of the Civil Supplies Department has been lifted by Rs. 2,000 crores. In order to bail out the debt-ridden Discoms, the State government has approved the proposal of AP Power Finance Corporation raising Rs. 4,741 crore through bonds.

Team Yo! Vizag

Recent Posts

Expert gives tips to students on AI

Venkata Ramana Satyavarapu, founder and CEO of Elevia AI, who previously worked for companies like…

3 hours ago

First commercial flight from Bhogapuram to leave for Singapore

The first commercial flight from Bhogapuram International Airport will operate to Singapore on August 17.…

4 hours ago

Best Beach Destinations in the World You Must Explore!

Some beaches are known for their unique landscapes, others for their rich marine life, and…

21 hours ago

GVMC to auction shops in Bheemili on August 5

A public auction will be held by GVMC at 11 a.m. on August 5 at…

22 hours ago

7 Best Vampire Movies and Series to Stream Right Now!

Vampires are mysterious and alluring. They cannot survive daylight, are immortal, and consume blood to…

1 day ago

Searching “Pizza Places Near Me”? Try These 5 in Vizag!

If you're a bread lover or a pizza enthusiast, you know the perfect slice comes…

1 day ago